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Ringgit Rises Against US Dollar Amid Heightened Uncertainties

By Nurunnasihah Ahmad Rashid

KUALA LUMPUR, June 16 (Bernama) -- The ringgit ended higher against the US dollar, supported by a weaker US Dollar Index (DXY) which fell by 0.21 per cent to 97.979 points amid heightened uncertainties, an economist said.

TNB Earmarks RM43 Bln To Upgrade National Grid With AI, Battery Storage Systems -- PM Anwar

KUALA LUMPUR, June 16 (Bernama) -- National utility company Tenaga Nasional Bhd has committed RM43 billion to upgrade the national grid infrastructure, said Prime Minister Datuk Seri Anwar Ibrahim.

ASEAN Power Grid's Enhanced MoU To Focus On Regulations, Technical Requirements -- Fadillah

KUALA LUMPUR, June 16 (Bernama) -- ASEAN Power Grid’s (APG) enhanced memorandum of understanding (MoU), projected to be finalised by the end of this year, will focus on standardising rules and regulations, aligning technical requirements and establishing a financial model.

Global Interconnectedness Under Strain Amid Rising Geopolitical Tensions – PM Anwar

KUALA LUMPUR, June 16 (Bernama) -- Global interconnectedness is under strain due to rising uncertainties, eroding the predictability, reliability and stability of existing global trade and economic systems, said Prime Minister Datuk Seri Anwar Ibrahim.

Ringgit Opens Higher Against US Dollar Amid Geopolitical Tension

KUALA LUMPUR, June 16 (Bernama) -- The ringgit opened higher against the United States (US) dollar and a basket of currencies, including ASEAN currencies today, amid cautious sentiment due to escalating geopolitical risks, said an analyst.

AirAsia Offers 50 Pct Discount For Media To Travel, Promote Integration Within ASEAN

KUALA LUMPUR, June 14 (Bernama) -- AirAsia, a strong proponent of ASEAN integration, is offering a 50 per cent discount to 12,000 accredited media personnel to travel to 57 destinations across the bloc’s 10 member states.

Ringgit Expected To Trade Sideways Ahead Of Key Fed Meeting

By Siti Noor Afera Abu

KUALA LUMPUR, June 14 (Bernama) -- The ringgit is expected to trade within a narrow range next week, as investors remain cautious amid ongoing global inflation concerns, said an analyst.

New Energy Asia To Be Sole Lotus EV Charger Distributor Across ASEAN

KUALA LUMPUR, June 13 (Bernama) — New Energy Asia Sdn Bhd, a newly established joint venture (JV) between HICOM Engineering Sdn Bhd (HESB) and Hangzhou Flash Charging New Energy Co Ltd (HFC) from China, will exclusively distribute Lotus electric vehicle (EV) chargers across ASEAN.

Ringgit Ends Lower As Geopolitical Tensions Boost US Dollar

By Siti Noor Afera Abu

KUALA LUMPUR, June 13 (Bernama) -- The ringgit slipped against the US dollar on the final trading day of the week, reversing earlier gains as rising geopolitical concerns drove safe-haven demand for the greenback

Malaysia’s Sustainability Reporting Earns Global Recognition In IFRS Profile

KUALA LUMPUR, June 13 (Bernama) -- Malaysia has been recognised as the only ASEAN jurisdiction to adopt the international sustainability standards board (ISSB) standards with limited transition, according to the international financial reporting standards (IFRS) foundation’s latest jurisdictional profile.

Economic News Reporting Skills Pivotal As Tariffs Dominate Global Headlines

KUALA LUMPUR, June 13 (Bernama) -- Journalists are keenly aware that knowledge in business and economics reporting is a pivotal component in covering domestic, regional and international issues competently, with tariffs now dominating global headlines.

Ringgit Rallies Against Greenback On Weak US Data

KUALA LUMPUR, June 13 (Bernama) -- The ringgit extended its gains against the US dollar at Friday’s open, buoyed by continued weakness in US economic data, an analyst said.